How Obama Budget Will Affect Retirement Savers

The [Obama] budget proposal would limit an individual’s total retirement account balance including 401(k)s, IRAs, and similar types of tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per year in retirement, or about $3 million for someone retiring in 2013.

http://money.usnews.com/money/blogs/planning-to-retire/2013/04/10/how-obamas-budget-impacts-retirement-savers